Comments for MET - Stockpickr! Your Source for Stock Ideas

Comments for MET

Added By	Comments	Type	Date Added
davidh7863	Large investment in my 401K	Love	November 23, 2009
Stockpickr Staff	"MetLife (MET) was higher ... ahead of its quarterly earnings report after Thursday's close." <a href="http://www.thestreet.com/story/10618857/1/aig-financial-winners-and-losers.html" target="_blank">Read more here.</a>	Love	October 29, 2009
barrons3	Buy - Price 33.77 on August 4 by Sterne, Agee & Leach The risk trade may be in vogue for the moment, but Snoopy is for the long term: MET reported [operating earnings per share] of 88 cents, well ahead of our 67 cents and First Call consensus of 71 cents. Lots of noise in the quarter, but the net effect of one timers was $3 million. The beat was broad based, but in general was driven by better [net interest income], with the drag from variable-investment income (including alternative assets) showing material improvement on linked-quarter basis.…Our target moves from 41 to 44, or 11 times our new 2010 EPS of $4. Market cap: $27.5 billion.	Love	August 08, 2009
Stockpickr Staff	Making Genworth's collapse all the more painful was the surge in insurance industry stock prices last Wednesday after a report that the Treasury was prepared to give some large life insurers an injection of government aid. The rally sent up shares of MetLife(MET) and Prudential(PRU), mega-insurers that have long had bank holding-company status, as well as Lincoln National(LNC), Hartford Financial(HIG) and Genworth, which jumped on the bank-buying bandwagon during the height of the credit crisis last year. <a href="http://www.thestreet.com/story/10487261/2/five-dumbest-things-on-wall-street-april-17.html" target="_blank">For more, click here.</a>	Love	April 17, 2009
mynyc8888	no vision for growing market share	Hate	April 13, 2009
Stockpickr Staff	"If we can take the pressure off this group, including MetLife (MET) and Pru (PRU) and Manulife (MFC) and Allstate (ALL), it would eliminate a second albatross -- mark to cash flow (as I like to call it) will take the pressure off banks with performing loans that had to be marked lower because of the inflexibility of the accounting system." (<a href="http://jimcramer.rmblogs.thestreet.com/entry.aspx?q=0621f8a0-c48e-488c-b04b-9be5007b5a49" target="_blank">"Next, Fix the Insurers," 4-8-09</a>)	Love	April 08, 2009
barrons3	Lincoln National (LNC), Prudential (PRU), MetLife (MET), Hartford (HIG) and Principal Financial Group (PFG) are right back on the red-hot griddle, and as a bull on the way down, this group is the only group that can truly shake my convictions. Given the exposure these firms have to bedrock principles, payoffs in annuities and life insurance, it is vital that some branch of the Treasury come on and say, "Look, your contractual obligations will be made good, regardless of the ramifications of the companies themselves." These deals have to be like pension benefit guarantees, but the government doesn't seem to be aware of it.	Love	April 02, 2009
mahoganybt	solid company	Love	March 23, 2009
sarah z	From a recent Mad Money show: "MetLife has become a speculative stock, as have all of the insurers. They've all been hammered. I think they're all too speculative and too dangerous."	Love	March 04, 2009
njd71	my customer	Love	February 08, 2009
iaamap	global need	Love	January 19, 2009
barrons3	MetLife 's (MET) series A adjustable-rate trades at $11.55, yields 8.66% and has a dividend floor of 4%.	Love	December 27, 2008
barrons3	Outperform - Price 30.03 on Dec. 9 by Raymond James Reflecting management guidance for expected variable income and pension costs, we are reducing our 2008 and 2009 non-GAAP operating EPS estimates to $3.67 and $3.80, respectively, from $4.28 and $4.53 previously. Despite the decrease in our operating EPS estimates, we're leaving our target at 33. At 8.7 times our new '09 forecast, our target [price/earnings ratio] is more than two points greater than peers'; we believe this premium is reasonable given MET's substantial capital cushion and potential for an earnings snap-back in 2010 if variable investment income returns to somewhat normal levels. Market cap $21.2 billion.	Love	December 13, 2008
barrons3	How cheap is The Hartford (HIG)? Prudential (PRU)? MetLife (MET)? I mean that these are so cheap that they could get as cheap as Genworth (GNW).	Love	December 03, 2008
barrons3	And while we are at it, you, Prudential (PRU), and you, MetLife (MET), and you, Hartford (HIG), and you, Principal (PFG), are one firm.	Love	November 20, 2008
barrons3	How could MetLife (MET) and Pru (PRU) and Hartford Financial (HIG) be so cheap? How cheap were Bear and AIG and Lehman at the end.	Love	November 13, 2008
barrons3	Andrew Parmentier explained that Obama is coming in on Jan. 20, and most of the money from the TARP Plan will be gone by the time he gets in. He said the remaining amounts will go to the non-bank banks such as Prudential Financial(PRU) and MetLife(MET).	Love	November 12, 2008
sarah z	“Who still owns these stocks that sells them? Who still owns Hartford (HIG) or Lincoln National (LNC) or MetLife (MET) or Prudential (PRU) who doesn't understand the risks of annuities? Who can still be shaken out of good annuity companies by Genworth (GNW)? Or is it possible that because Genworth is not in compliance with the short-term debt buy program of the feds? Do people think that all of these companies will be downgraded and then lose access to the commercial paper bailout? Didn't they think of that before? Do they think that the annuities are safe but not the company, even as AIG (AIG) shows you that the annuity and the company are safe? Are there shorts out there who are nefariously trying to knock these down to get their credit ratings downgraded, as we know was done in the great battles of encirclement that the shorts waged against so many financials such as Bear and Lehman? One of the defining characteristics of this bear market is that we never run out of sellers. There seem to be no value guys around who say, "You know what, I am just going to own Hartford." Those types are gone. Which is why, when the graybeards say "things are cheap," I come back and say the cheapest stocks based on book value are the ones that are being crushed, like Hartford with a $41 book, according to the last financials filed. This group is at the fulcrum of the big conundrum. The decline of the group could be devastating if everything becomes Genworth, so bad that it isn't worth playing the inevitable futures rally that we get at some point because we are "oversold" or because the sellers have "overdone" their selling. Remarkably, when you read the Goldman note today that really crushes them, a note written by a different analyst than the patient Tom Cholnoky, whom I have liked for years and years, the central issue is that they will all need new capital. I have to tell you that I would think that the people who own these or bought them would have an inkling that could be the case. I would think that the buyers say "OK, we will just buy more." Nope, they just abandon them with, well, abandon. This characteristic of "cheap," until they need the money, is the other defining characteristic of this bear market. If you consider the two factors, no end to sellers, and no end to need for capital, you get the reason why some groups, particularly anything that needs financing, must be avoided no matter what, unless you can take huge pain. I am a seasoned pain-taker, but I have to admit that these declines do test your confidence and shake you out. Which is why, if a company needs money, people just sell first and ask questions or buy later. When the new analyst, Christopher Neczypor, rolls out coverage with a favorite idea, "Sell Principal Financial (PFG)," a really conservative company, though, you do feel the fear and the pain. The key line: "We believe capital raises are imminent." Knowing this, the answer to the query up top, "Who sells?", is everybody!’	Love	November 11, 2008
Tubthumper	Undervalued	Love	November 09, 2008
barrons3	Nobody trusts them, but when you see stocks like Costco (COST), yesterday's goat, reverse right before your eyes -- not to mention Hartford (HIG) and MetLife (MET), you are emboldened to pretty much take everything.	Love	November 06, 2008
ChasingTigers	Inherited this stock.	Love	November 04, 2008
HurricaneJman	Strong Company, Leader in Industry, huge growth potential	Love	November 01, 2008
barrons3	While the elite of PNC, Wells Fargo, US Bancorp and JPMorgan have done well, there appear to be better values in the financial sector, including regionals like Fifth Third (FITB), Marshall & Ilsley (MI), KeyCorp (KEY) and Synovus (SNV). Outside banking, battered life insurers beckon, including Prudential Financial (PRU) and MetLife (MET), both of which trade below book value. While insurers are exposed to weak markets through huge investment portfolios, they don't have banks' leverage -- or risks.	Love	November 01, 2008
sarah z	From a recent Mad Money show: "I'm not recommending any insurers that need to raise cash in a horrible market. I say no to MetLife."	Love	October 28, 2008
barrons3	“When I see a big blow-up in volatility I use that to buy,” explains Jon Najarian. “If I can step in and buy a MetLife [MET], AK Steel [AKS] or MGM Mirage [MGM] at such depressed levels I buy and then sell a call against them which takes them through multi-year lows in terms of the protection that offers.”	Love	October 22, 2008
barrons3	Financials aren't without fans, either. Five insiders bought shares of MetLife (MET) recently, reversing a multi-year trend of planned sales.	Love	October 18, 2008
barrons3	According to Oppenheimer chief market technician Carter Worth this chart as well as those of MetLife [MET] and AK Steel [AKS] demonstrate key technical reversals. He interprets the patterns as classic signs of capitulation.	Love	October 15, 2008
barrons3	So you can wreck XL Capital (XL) and Prudential (PRU) and Morgan Stanley (MS) and MetLife (MET) and KeyCorp (KEY) and Fifth Third (FITB) and Nat City (NCC) -- takeover, who are you kidding? -- in a matter of weeks.	Love	October 09, 2008
barrons3	MetLife is expanding wisely, including possible asset purchases from AIG, and has kept its investment portfolio relatively free of danger. The stock could climb more than 50%.	Love	October 04, 2008
sarah z	From a recent Mad Money show: "MetLife is a high quality insurer. I have always felt they're one of the best insurance companies in the world. I really like that one."	Love	July 20, 2008